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CIMA

IMAC, Cayman Finance, CIMA joint participation in American Society for Health Risk Management Conference provides valuable connections for insurance industry

L – R: Maggie Papadopoulos, Kevin Poole, Leonna Saintvil, Brittany MacVicar, Roderick Henry, Kara Ebanks, Ron Sulisz, Richard Maparura George Town, Grand Cayman, November 03, 2023 – The three leading industry and governmental organizations who represented the Cayman Islands at…

IMAC, Cayman Finance, CIMA to jointly represent Cayman as world’s largest healthcare captive domicile at the American Society for Health Risk Management Conference

Lesley Thompson, IMAC Chairperson IMAC, Cayman Finance, CIMA to jointly represent Cayman as world’s largest healthcare captive domicile at the American Society for Health Risk Management Conference George Town, Grand Cayman, September 28, 2023 – Three leading industry and governmental…

Rolling Road Closures for CIMA 5K Walk/ Run, 9 July

From RCIPS The RCIPS is informing the public about the following road closures taking place on Sunday, 9 July, in order to facilitate the Cayman Islands Monetary Authority (CIMA) annual 5K Walk /Run. The event is scheduled to begin at…

Cayman Islands Monetary Authority Cindy Scotland ignores allegations against former CIMA employee Langston Sibblies after forced resignation from Financial Services Commission of Jamaica over Usain Bolt fraud scandal

By Peter Polack Peter Polack Cayman Islands Monetary Authority Managing Director  Cindy Scotland has failed to respond to allegations against retired Cayman Islands Monetary Authority official Langston Sibblies who was appointed as the Director of Public Prosecutions for Grenada five years after…

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Setting up Cayman Islands Investment Funds: The What, Why, and How

Investing in the Cayman Islands has lots of advantages, but what are investment funds, why should you set one up there, and how do you go about it? Cayman Islands investment funds are hugely popular for a number of reasons,…

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Cayman: No need to panic about new fines and penalties regime: CIMA

From Captive International “Captives do not need to panic,” about the implementation of the Cayman Islands Monetary Authority’s (CIMA) new fines and penalties regime, according to Ruwan Jayasekera, head of insurance at CIMA. Speaking at the Cayman Captive Forum, Jayasekera…

Important Cayman Islands Securities Investment Business Law Changes

Last Updated: 24 July 2019Article by Alan Dickson and Maree MartinConyers Conyers From Mondaq The Cayman Islands Securities Investment Business Law (2019 Revision) (the “SIB Law”) has been amended by the Securities Investment Business (Amendment) Law, 2019 (the “Amendment Law”) to, amongst other things, require certain “excluded persons” who…

iNews Briefs & Community Events

Application Processing Delays – Cayman Islands Department of Planning Staff at the Department of Planning would like to apologise to its valued customers for a delay in processing applications. This is due to network connectivity issues. The Department is working…

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Cayman Islands showcased as a premier financial services jurisdiction to New York audience

The strength of the Cayman Islands financial services industry and its benefits to global partners, particularly those in the United States, was on show as Cayman Finance hosted a pair of events in New York on 22 January. More than…

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Cayman Islands Monetary Authority Charity Walk/Run raises over CI$18,000

The Cayman Islands Monetary Authority (“CIMA” or “the Authority”) held its second annual  5K & 10K Charity Walk/Run in May earlier this year, and the Authority is proud to note that this year’s proceeds surpassed the amount raised last year….